NOT LISTED FOR SALE

Estimated Value: $675,670 - $838,000

4 Beds
3 Baths
2,200 Sq Ft
$345/Sq Ft Est. Value

Last Sold July 15, 2016

Last sale price $389,900 $177 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $4,894/month

250 Days on Market

About This Home

As of July 2016

ATTENTION ALL INVESTORS!! As is wonderful 2-Family home with great 3-family potential. No heating systems on 1st & 2nd floors. Vacant and available for quick closing. Generous sized-rooms, off-street parking and yard. Near all the wonderful amenities that the City of Salem has to offer including T and Salem State University. .

Last Listed By

Shirley Burke

Coldwell Banker Realty - Marblehead License #454000641 Listed on: 08/21/2015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,699

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Other (See Remarks)
  • Property Type: Multi-family
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 8
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, T-Station, University
  • Total Levels: 3

Exterior Features

  • Exterior Features: Porch
  • Foundation: Other (See Remarks)

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: R2

Multi Family

  • Foundation: 00
  • Total Bedrooms: 4
  • Total Floors: 6
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2015
Closed on
Jul 15, 2016
Sold by
Berube Richard L
Bought by
Hinchey Margot
Seller's Agent
Shirley Burke
Coldwell Banker Realty - Marblehead
Buyer's Agent
Non Member
Non Member Office
List Price
$389,900
Sold Price
$389,900
Total Days on Market
250
Current Estimated Value
$759,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,768
Avg. Annual Appreciation
7.51%
Original Mortgage
$20,000
Outstanding Balance
$15,011
Interest Rate
3.6%
Mortgage Type
Closed End Mortgage
Estimated Equity
$726,102

Purchase Details

Closed on
Nov 1, 1980
Bought by
Berube Richard Lucien

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hinchey Margot $389,900 --
Berube Richard Lucien $53,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hinchey Margot $20,000
Open Hinchey Margot $311,920
Previous Owner Berube Richard Lucien $19,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2016 07/15/16 Sold $389,900 0.0% $177 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $389,900 0.0% $177 / Sq Ft
09/02/2015 09/02/15 Pending -- -- --
08/21/2015 08/21/15 For Sale $389,900 -- $177 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,699 $678,900 $163,700 $515,200
2024 $7,389 $635,900 $155,100 $480,800
2023 $7,152 $571,700 $143,600 $428,100
2022 $7,058 $532,700 $135,000 $397,700
2021 $6,915 $501,100 $135,000 $366,100
2020 $6,420 $444,300 $116,600 $327,700
2019 $6,384 $422,800 $110,900 $311,900
2018 $5,938 $386,100 $105,700 $280,400
2017 $5,185 $326,900 $86,200 $240,700
2016 $5,050 $322,300 $81,600 $240,700
2015 $4,912 $299,300 $73,500 $225,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71893068

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000073